Postrock Capital Management postrock.altavra.com

Postrock Capital Management, LLC is responsible for determining and implementing the trading strategy. The trading strategy draws upon the judgment and experience of the Principals, as well as on their knowledge of fundamental technical factors affecting various commodity markets. The trading strategy attempts to identify optimal trading opportunities. The approach is primarily guided by observation of spreads within a particular market. It is the assumption of Postrock Capital Management that by studying and investing in the spreads between contract months, commodities, and various commodity classes, an investor can earn substantial profits with acceptable risks. Postrock Capital Management believes that the spread markets provide numerous trading opportunities as speculators, hedgers, and commercial interests move commodity positions from one contract month, commodity, or commodity class to another. Postrock Capital Management may refine or change its trading approach (including enhancements or changes to the trading system or deletion of commodity interests traded) at any time without prior notice.

The Program’s portfolio is structured to include various outright positions and spread positions. The Program’s return objectives are 25-35% with potential annual drawdown's contained under 15-20%. (The previous return objectives and annual drawdown projections are merely “projections”, and in no way should be interpreted to be “guarantees”.) The average margin-to-equity ratio is approximately 10% to 30%.

This Program may trade futures and option contracts in up to twenty markets, including, but not limited to, futures and options on: live cattle, feeder cattle, lean hogs, corn, soybeans, wheat, sugar, cotton, rice, soymeal, soyoil, gold, silver, copper, S&P 500, Dow Jones, US Treasuries, crude oil, RBOB gasoline, natural gas, all currencies. To effectively capture trends over all markets, the Program requires no less than $50,000 for each account and anticipates approximately 2,500 round turns per $1,000,000.

In the event Postrock Capital Management places block orders when buying or selling, two objective price allocation procedures may be employed. The first allocation procedure is Average Price in markets where such procedure is available; and the second procedure allocates the highest number on the customer list receiving the highest buy and the highest sell and the lowest number on the list receiving the lowest buy and the lowest sell. Postrock Capital Management’s principals managers may also trade additional speculative proprietary accounts in parallel with Customer accounts and participates in the allocation system.

Kevin Meyer graduated from Kansas State University in May 2003 with a B.S. degree in Agricultural Economics. Kevin acquired extensive first-hand knowledge of the agricultural markets through his family who has farmed and ranched in Kansas for over 100 years. Upon graduation Kevin worked for Meyer Land and Cattle Co, the family farm. He then acquired a job, moved to Chicago and began working Alaron Trading Corporation as runner while studying for the series three in October 2003. Kevin became an AP in January of 2004, primarily functioning as an account executive. As of January 2004, Kevin became a commodity broker, specializing in agricultural products. Realizing a customer needs to be closer to the trading floor, Kevin left Alaron Trading Corporation in April 2005 and moving his operation to the Chicago Mercantile Exchange trading floor (“CME”) under Cadent Financial Services LLC, an Futures Commission Merchant, in May 2005. In September of 2009 Kevin started his own Introducing Broker, Postrock Brokerage, LLC. In October of 2009 Kevin moved his clearing arrangements from Cadent Financial Services, LLC to Penson GHCO, an Futures Commission Merchant. Kevin currently handles a very diverse group of customer business, including commercial cattlemen, feedlots, and speculative accounts. He also executes orders for other members of the Chicago Mercantile Exchange and various funds. Kevin currently holds positions in many different markets for himself and his customers. Kevin is a trader at Postrock Capital Management and active CEO of the group. Kevin became a Principal of Postrock Capital Management in October 2007.

Drew Axsom graduated in May, 2003 from Colorado State University with a degree in AgBusiness. Upon graduation Drew acquired his Series 6 license and worked with APFinancial, an investment advisory firm in Englewood, Colorado, from May 2003 to January 2004. While at APFinancial, Drew consulted clients regarding their insurance and investment needs. Specializing in non-qualified annuities and facilitating implementation of buy-sell agreements and key-man insurance for small businesses, he also acquired a long-term view of finance through intimate familiarity with non-qualified annuities used for estate planning purposes for the elderly. In February of 2004 Drew relocated to Las Vegas where he began his commodities career with Alaron Trading Corporation, a Futures Commission Merchant, at their Las Vegas Branch. While in Las Vegas, Drew learned a great deal about options on futures. Drew helped implement and host a retail level training program for beginning-to-intermediate skilled traders through a recorded webinar format. After a year in the Las Vegas branch, Drew relocated to Alaron Trading Corporation headquarters in Chicago, IL. Drew remained in Chicago working closely with customers and continued his webinar training for new and existing customers. Wanting to be closer to his family’s homesteaded ranch, he returned to Colorado in July of 2005, at which Drew began work on the Axsom Farm. Soon thereafter Drew found a place to continue his trading business in nearby Fort Collins, Colorado. Drew began working with customers in the Fort Collins branch of Cattlehedging dot com, an introducing broker, in September of 2005 and left in November 2009 to manage a branch office of a new introducing broker, Postrock Brokerage. Drew continues to consult customers in their risk-management needs, and helps maintain an extensive database that tracks risk in futures prices relative to the cash market prices which helps producers identify their primary risks and how best to manage them. Drew brings a firm understanding of the cash market fundamentals being raised on an extensive irrigated grain & cattle operation that extends back almost 100 years. Drew is in charge of information and analysis. He is currently a President and offers insight throughout all markets and trades. In November 2007, Drew became a Principal of Postrock Capital Management.

Brad Bauman is a third generation commodity trader who currently works as an independent trader and broker in the cattle complex at the Chicago Mercantile Exchange. Although he has been exposed to the futures industry and trading his entire life, Brad didn’t officially begin working in the business until his college summers (May 02 to Aug 02 and May 03 to Aug 03), in which he spent his time as a runner in the Live Cattle complex for R.J. O’Brien Associates LLC. After graduating with a BA from Indiana University in May of 2004, and upon graduation, Brad worked on the floor for R.J. O’Brien Associates LLC until July of 2004 in which Brad was hired by Gator Trading Partners, LLC, and a proprietary trading firm. At Gator, Brad traded domestic and global interest rate markets electronically. In June 2005 after a year trading at Gator, Brad decided to make the switch back to the floor at the CME. He became a member of the CME in July 2005, and has successfully traded futures and options for his own accounts in a variety of markets including: grains, softs, metals, energies, equities, interest rates, and of course, the meats ever since becoming a member. In addition to trading his own accounts, Brad fills orders for a R.J. O’Brien Associates LLC in the Live Cattle contract to supplement his career as a trader. Brad has also helped handle customer business for large feedlots and several index funds. As a trader Brad’s tactics include combining both fundamental and technical aspects of the market, utilizing spreads and options to successfully manage risk. Brad is familiar with most market technologies including CQG, e-speed, Trading Technologies, Bloomberg and the Globex platform. Brad is also a President of Postrock Capital Management and an active trader. He works directly with Kevin and Drew on all trading ideas. Brad became a Principal of Postrock Capital Management in November 2007.

The descriptions above are from the manager’s disclosure document.

THE RISK OF LOSS IN TRADING FUTURES, OPTIONS AND OFF-EXCHANGE FOREX CAN BE SUBSTANTIAL.  PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  PLEASE READ THE CTA'S RISK DISCLOSURE DOCUMENT CAREFULLY BEFORE INVESTING MONEY.